# Strike Graph

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/strike-graph

- Industry: IT Security/Cybersecurity
- Headquarters: Seattle, US
- Website: www.strikegraph.com
- Total disclosed funding: $18M
- Latest round: Series A (May 8, 2023)
- Investors on record: 7

## About

Strike Graph, Inc. operates from Seattle, US, delivering AI-powered compliance management solutions that simplify the process of achieving and maintaining security certifications for organizations across various industries.Strike Graph, Inc. was founded in 2020 and offers AI-driven compliance management solutions. The company has completed a total of 4 deals, with the most recent investment round occurring on December 18, 2023, when it raised USD 8.5 mn in venture funding led by BAMCAP, including participation from other investors like Information Venture Partners and Madrona Venture Group. Justin Beals serves as both CEO and founder of the company.Strike Graph specializes in AI-powered compliance management solutions designed to streamline the process of achieving and maintaining security certifications. The core product offering is a comprehensive platform that automates compliance tasks, reducing the need for large internal audit teams and minimizing manual work. This platform supports various compliance frameworks including SOC 2, ISO 27001, and GDPR, allowing organizations to maintain a continuous audit-ready state with ease. Clients include organizations of all sizes across multiple industries, leveraging the platform for enhanced efficiency in compliance management. Strike Graph operates in key global markets, primarily in North America and Europe, enabling clients to meet their regulatory obligations with tailored security solutions.Strike Graph generates revenue through a subscription-based model, providing clients with access to its platform on a recurring basis. This structure involves different pricing tiers based on the scale of services utilized, allowing organizations to select plans that best fit their compliance needs. Clients engage with the platform for various services, including automated internal audits and compliance management, ensuring alignment with industry standards. Partnerships with organizations seeking to enhance their cybersecurity posture further contribute to revenue, as they integrate Strike Graph's solutions into their operational frameworks. The platform's capacity to customize compliance processes for diverse business environments underscores its value proposition and supports a sustainable revenue model.In December 2023, Strike Graph, Inc. secured USD 8.5 mn in venture funding, led by BAMCAP, to advance its artificial intelligence technologies and expand into new markets. The company is focusing on enhancing its product offerings and plans to enter additional geographic regions, although specific markets have not been disclosed. The recent funding will facilitate these strategic initiatives, enabling Strike Graph to further its growth objectives.

## Funding rounds

- Series A, May 8, 2023, $6.2M — Madrona Venture Group, BAMCAP, Information Venture Partners
- Series A, Aug 27, 2021, $8M — Madrona Venture Group, Revolution Ventures, Amplify, Alumni Ventures Group, Information Venture Partners
- Seed, Sep 22, 2020, $3.9M — Madrona Venture Group, Revolution Ventures, Amplify, Alumni Ventures Group, Green D Ventures

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed, Series A
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed, Series A
- Amplify (https://capitalatlas.ai/funds/amplify) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A
- Green D Ventures (https://capitalatlas.ai/funds/green-d-ventures) — Seed
- Information Venture Partners (https://capitalatlas.ai/funds/information-venture-partners) — Series A
- BAMCAP (https://capitalatlas.ai/funds/bamcap) — Series A